Urban Outfitters (URBN) Added to Jefferies Franchise Picks List

September 6, 2016 7:35 AM EDT
Get Alerts URBN Hot Sheet
Price: $33.50 -1.64%

Rating Summary:
    15 Buy, 29 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 25 | Down: 28 | New: 8
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Jefferies analyst Randal Konik reiterated a Buy rating and added Urban Outfitters, Inc. (NASDAQ: URBN) to the firm's Franchise Picks list. The price target goes to $45.00 (from $40.00).

Konik commented, "We think URBN is capitalizing on an improving fashion cycle and changes in footwear trends, and see URBN as poised to be one of the first beneficiaries, given their early-adopter customer. Adding to JEF Franchise Picks list and raising PT to $45."

For an analyst ratings summary and ratings history on Urban Outfitters, Inc. click here. For more ratings news on Urban Outfitters, Inc. click here.

Shares of Urban Outfitters, Inc. closed at $36.10 yesterday.

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